Redirect Energy Corporation has issued rights to its shareholders. The subscription price is $44, and eight rights are needed along with the subscription price to buy one of the new shares. The stock is selling for $53 rights-on .. What would be the value of one night? (Round the final answer to 2 decimal places.) Value of one right b. If the stock goes ex-rigtits, what would the new stock price be? (Do not round intermediate calculations, Round the final answer to 2 decimal places.) New stock price